(ARC - Get Report)
This company provides business-to-business document management services to the architectural, engineering and construction industry, or AEC industry. This stock is trading up 10.3% to $2.56 in recent trading.
Today's Range: $2.34-$2.60
52-Week Range: $2.19-$6.99
Three-Month Average Volume: 95,936
From a technical perspective, ARC is exploding higher here right above some near-term support at $2.19 to $2.25 with above-average volume. This move is coming after shares of ARC recently plunged from $4.15 to $2.19. Shares of ARC are now quickly moving within range of triggering a near-term breakout trade. That trade will hit once ARC clears some near-term overhead resistance levels at $2.64 to $2.75 with high volume.
Traders should now look for long-biased trades in ARC as long as it's trending above $2.25 to $2.34, and then once it sustains a move or close above those breakout levels with volume that hits near or above 95,936 shares. If that breakout triggers soon, then ARC will set up to re-test or possibly take out its next major overhead resistance levels at $3.05 to $3.25. Any high-volume move above those levels will then put $3.50 to $4 into focus for shares of ARC.
This company provides solid state drives and memory modules for computing devices and systems. It develops flexible and customizable component solutions quickly and efficiently to meet the ever changing market needs. This stock is trading up 5.7% to $2.01 in recent trading.
Today's Range: $1.91-$2.05
52-Week Range: $1.11-$10.05
Volume: 2.77 million
Three-Month Average Volume: 3.58 million
From a technical perspective, OCZ is bouncing higher here right above some near-term support at $1.80 with decent volume. This stock has been trending sideways for the last month, with shares moving between $1.62 on the downside and $2.27 on the upside. A high-volume move outside of that range will likely set up the next major trend for shares of OCZ.
Traders should now look for long-biased trades in OCZ as long as it's trending above $1.80, and then once it sustains a move or close above some near-term overhead resistance levels at $2.07 to $2.27 with volume that hits near or above 3.58 million shares. If that breakout triggers soon, then OCZ will set up to re-fill its previous gap down zone from October that started at $3.29.